31 01, 2018

Yes, Bitcoin should be considered a competitive zero-sum game

2018-02-01T12:42:01+00:00January 31st, 2018|Categories: Against the tide, Bitcoin|Tags: , , , |

What is the essence of a zero-sum game? Wikipedia: A zero-sum game is a mathematical representation of a situation in which each participant's gain or loss of utility is exactly [...]

25 01, 2018

Bitcoin revisited: “What do you think about bitcoin? Should I ….”

2018-02-01T12:45:11+00:00January 25th, 2018|Categories: Bitcoin, Question of the day|Tags: , , |

Since the meteoric rise of the bitcoin, and especially after it entered "black tulip"-type speculative territory in q4/2017, I have been asked multiple times by family members, friends and work [...]

15 03, 2015

The huge potential for fiat currencies based on block-chain

2016-11-16T10:46:29+00:00March 15th, 2015|Categories: Bitcoin, Technology|Tags: , , , |

The last few days I have been listening to keynotes attending a European payments congress in Vienna, Austria. Among many issues presented against the use of the bitcoin - and [...]

11 03, 2015

Cognitive dissonance: “Remittances”

2016-11-16T10:46:29+00:00March 11th, 2015|Categories: Bitcoin, Electronic Wallet, Micro Collaboration, Next Payments, Payments|Tags: , , , |

When considering a new car you suddenly start seeing the car you fancy everywhere. There are not suddenly more cars of the particular brand and model driving around, but you [...]

17 02, 2015

ECBcoin and BoEcoin next to FEDcoin?

2016-11-16T10:46:30+00:00February 17th, 2015|Categories: Bitcoin, Next Payments|Tags: , , , , , , |

One of the main gripes by skeptics with bitcoin is its volatility, next to the fact that the “issuer” is not controlled by regular democratic structures. By linking the bitcoin [...]

8 04, 2014

R.I.P. Mintchip?

2016-11-16T10:46:36+00:00April 8th, 2014|Categories: Bitcoin, Electronic Wallet, Payments|Tags: , , , , , , , , |

Mintchip and cryptocurrcies urge us to better understand how money and payments relate. We have taken both for granted as separate topics; but they are like two sides of the same coin. Mintchip can provided useful insights in existing payment practices.

17 03, 2014

Evolution of currency predicts path (r)evolution of digital money

2016-11-16T10:46:37+00:00March 17th, 2014|Categories: Bitcoin, Evolution, Government, Human Abilities, Next Payments, Payments, Society, Trust, Updated posts|Tags: , , , , , , , , , , , , , , , , , , , |

Walking to the office this morning it struck me that the evolution of (physical) currency in relation to payments could show us the long term development of digital money as well: step by step the currency has been developing until at a certain moment in time the transaction will be done directly between the payer and the payee.

14 03, 2014

Bitcoin: „Look the emperor has no cloths!”

2016-11-16T10:46:38+00:00March 14th, 2014|Categories: Bitcoin, Electronic Wallet, Payments|Tags: , , , , , , , , , , , |

...you could miss the major contribution of bitcoin as it presses us to reassess the way we have been doing things for years where all those little and some bigger inconveniences build into the current payment industry have to be discussed again and seen for the real merit they have.

12 03, 2014

„Money is not gravity” or bitcoins potential – The Talk Show #74

2015-02-04T08:39:38+00:00March 12th, 2014|Categories: Bitcoin, Trust|Tags: , , , |

Once in a while I listen to Daring Fireballs' podcast The Talk Show by John Gruber. Walking to my office today I started to listen to episode #74, I kept [...]

6 03, 2014

Typically EU: let’s have a bitcoin taskforce!

2016-11-16T10:46:38+00:00March 6th, 2014|Categories: Bitcoin, Next Payments, Payments|Tags: , , , , , , , , |

A year ago, in march 2013, the US Department of the Treasury Financial Crimes Enforcement Network (FINCEN) published a paper FIN-2013-G001 on crypto currency defacto regulating bitcoin in the US [...]

5 03, 2014

Will the „middle man” disappear?

2016-11-16T10:46:38+00:00March 5th, 2014|Categories: Bitcoin, Electronic Wallet, Interdependency, Marketplaces, Payments|Tags: , , , , , , , , , , , , , , , |

The removal of the middle man function in an exchange based on the bitcoin protocol does not automatically lead to the disappearance of the companies (and their interests) performing these today. The middle man function will slowly but surely erode with the advent of the bitcoin protocol, the middle man of today (parties) will be the gate(way)keepers of tomorrow.

25 02, 2014

Different Scalability in Different Circumstances

2016-11-16T10:46:39+00:00February 25th, 2014|Categories: Bitcoin, Circumstances, Collaborability, Mega Trends, Trust|Tags: , , , , , , , , , , , , , , |

Our societies and economies are impacted heavily by technological change, they always have been. While some technologies - like the bitcoin protocol - allow for smaller economic actors to be relatively more economically viable then before other developments go in different directions.

17 02, 2014

Trust is key for cryptocurrencies

2016-11-16T10:46:39+00:00February 17th, 2014|Categories: Bitcoin, Collaborability, Human Abilities, Next Payments, Trust, Updated posts|Tags: , , , , , , , , |

The acceptance of Bitcoin protocol currencies and Ripple like networks is dependent on trust even if trust is said not to be necessary for the value to be transferred between two actors. Neglecting this will hamper adoption of the Bitcoin protocol by the masses.

16 02, 2014

Bitcoin: It’s the platform, not the currency, stupid! – The Next Web

2016-11-16T10:46:39+00:00February 16th, 2014|Categories: Bitcoin, Collaborability, Competition, Decision Making, Marketplaces, Mega Trends, Next Payments, Payments, Trust|Tags: , , , , , , , , , |

(1 minute reading time + 15+ minutes external article) As with Marc Andreessen's article "Why bitcoin matters" from three weeks ago I can recommend an other landmark article on crypto [...]

10 02, 2014

Apple bigger threat to Bitcoin then Russia, China and India?

2016-11-16T10:46:39+00:00February 10th, 2014|Categories: Balance Group vs Individual, Bitcoin, Collaborability, Collaboration Mechanisms, Electronic Wallet, Externalities, Next Payments|Tags: , , , , , , , , , , , |

Often antitrust is connected to behaviour in the disadvantage of competitors – and hence the dis-economies this brings for consumers – we should have a wider perspective at the (potential) negative impact companies have on society. Slowly but surely we should start looking at the disadvantages to society’s ability to collaborate as well.

22 01, 2014

Why Bitcoin Matters – NYTimes.com

2016-11-16T10:46:40+00:00January 22nd, 2014|Categories: Bitcoin, Marketplaces, Payments, Society, Trends|Tags: , , |

Sometimes you are made aware of an article very worthwhile (Thank you Henk!). Marc Andreessen (from Andreessen Horowitz) has written a pretty balanced and informative piece on Bitcoin (BTC) via [...]

16 01, 2014

MintChip/Bitcoin: no processor role between payer and payee

2016-11-16T10:46:41+00:00January 16th, 2014|Categories: Bitcoin, Mega Trends, Next Payments, Payments, Society|Tags: , , , , , , |

(3 min. read) Yesterdays post dealt with MintChip, the new Canadian digital currency based on a secure element on a chip to make payments. The novelty of this scheme is [...]

14 01, 2014

What is “digital money”? Or what is money in the digital age?

2016-11-16T10:46:41+00:00January 14th, 2014|Categories: Bitcoin, Electronic Wallet|Tags: , , , , , , , , , |

(4 min. read) FinExtra today covers the introduction of the MintChip in Canada: “Royal Canadian Mint demos digital currency.” Questions arise: why are we talking currency here? what is “digital [...]

3 06, 2013

Bitcoins’ anarchistic character will be pounded into line by real world regulations

2016-11-16T10:46:44+00:00June 3rd, 2013|Categories: Against the tide, Below the surface, Bitcoin, Collaborability, Next Payments, Opinion, Payments, Popular, Trends, Updated posts|Tags: , , , , , , , , |

Finextra: Bitcoin exchange MT. Gox introduces account verification: In a statement on its Web site about the new verification system, MT. Gox says: "The Bitcoin market continues to evolve, as [...]